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Thursday, December 1, 2022
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Meghalaya Government to hike tax on Indian Made Foreign Liquor

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The Meghalaya Government has decided to generate more income for the state by increasing the tax on Indian Made Foreign Liquor from 1 to 9 per cent.

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Meghalaya Government on liquor generation

As per reports, Conrad K Sangma said, “The Cabinet has approved the re-categorization of IMFL brands existing in the state. In order to change the prices in neighboring states and generate more revenue, we have decided to declassify individual brands and increase the prices of some of them.”

In addition, he also said that the change in prices will generate revenue of up to Rs 250 crore annually.

Some of the other major decisions include, request of North Eastern Electric Power Corporation Limited for a waiver of Rs 1 lakh per month and 100 MW Wah Umiam Stage II.

The Chief Minister further added, “It is a minor amendment and earlier the post of Under Secretary, Deputy Secretary and Joint Secretary used to be appointed by the Governor. However, these posts are not senior posts, so we have changed the appointing authority to the Chief Secretary.”

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